VRL Logistics' March quarter net profit increased over two-fold to Rs 19.36 crore from Rs 8.39 crore during the same period last year.
Revenues for the quarter jumped 8.4 per cent to Rs 397.40 crore from Rs 366.6 crore in the March quarter last year.
Reacting to the news, shares of VRL Logistics came in high demand as 8,63,000 shares changed hands on the BSE compared to average of 1,80,000 shares traded daily in the past two weeks. VRL Logistics ended 8 per cent higher at Rs 320.
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